XELA Archives - Up2info.com

Exela Technologies joins hands with Michael Page

wpadmin — Tue, 28 Jan 2025 14:22:30 +0000

Funtap/iStock via Getty Images

wpadmin — Wed, 08 Jan 2025 07:19:57 +0000

Exela Technologies (OTC:XELA) informed its stockholders and the market that its Board of Directors approved voluntarily delist its securities from the Nasdaq and deregister the company’s securities.
The company previously reported on November 6, 2024 that Nasdaq determined to delist the

wpadmin — Thu, 15 Aug 2024 20:52:40 +0000

wpadmin — Mon, 22 Jul 2024 14:34:57 +0000

Exela Technologies (NASDAQ:XELA) on Monday announced a strategic alliance with AIDEO Technologies.
The collaboration is poised to revolutionize the medical billing landscape by enhancing efficiency and accuracy across the board.
Press release.

wpadmin — Mon, 01 Jul 2024 12:49:31 +0000

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Exela Technologies (NASDAQ:XELA) on Monday said that its Board of Directors has authorized the company to consider a spin-off of its wholly owned subsidiary, Exela Technologies BPA, to Exela stockholders.
The potential spin-off, if completed, would likely be structured so that all Exela (XELA) stockholders as of a record date in the third or fourth quarter, would receive their pro rata share of a newly formed holding company owning Exela’s (XELA) business process automation business, and continue to own Exela, as currently constituted.
No action or payment will be required by Exela (XELA) stockholders to receive shares of the BPA Business or any cash-in-lieu of fractional shares that would be paid in connection with the spin-off.
XELA -1.23% premarket to $2.4.
Source: Press Release

wpadmin — Mon, 24 Jun 2024 12:51:18 +0000

peepo

Exela Technologies (NASDAQ:XELA) soared in premarket trading on Monday as the business process automation firm announced a contract win valued at over $35 million.
The short-term strategic contract in security breach remediation began in June and is expected to conclude next month.
The project would be accretive to the company’s ITPS segment, XELA added.
XELA +40.69% premarket to $2.87
Source: Press Release

wpadmin — Wed, 15 May 2024 21:58:01 +0000

wpadmin — Thu, 04 Apr 2024 12:04:01 +0000

Exela Technologies press release (NASDAQ:XELA): FY GAAP EPS of -$22.37.
Revenue of $1.06B (-1.2% Y/Y).
Revenue for the Information and Transaction Processing Solutions segment was $732.3 million, a decline of 4.3% year-over-year
Healthcare Solutions generated $251.4 million, a 5.0% increase year-over-year
Legal and Loss Prevention Services generated $80.4 million in revenue, a 10.6% increase year-over-year

wpadmin — Fri, 17 Nov 2023 21:49:14 +0000

Exela Technologies (NASDAQ:XELA) said it received a delinquency notification letter from the Nasdaq saying that the company is not in compliance with the continued listing requirements under Nasdaq Listing Rule.
The company’s non-compliance is due to its inability to timely file its quarterly report on Form 10-Q for the three months ended September 30, 2023.

wpadmin — Thu, 28 Sep 2023 15:38:46 +0000

Exela Technologies (NASDAQ:XELA) Thursday announced a $15 million contract with a public company in the leisure and hospitality space.
The three-year contract allows the customer to utilize Exela’s Marketing Automation platform to increase operational efficiencies, and decrease costs.
Source: Press Release